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Publication: European Stars and Stripes Thursday, June 2, 1994

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     European Stars and Stripes (Newspaper) - June 2, 1994, Darmstadt, Hesse                                Pago 16 the stars and stripes Money matters thursday june 2, 1994 today s rates following arc fixed Randi at which Community banking and credit Union facilities will sell foreign currencies to . Personnel for personal use British Pound.1.56 dutch Guilder.1.79 German Mark.1.60 greek drachma .239.1758 note Trie Rales Flo to apply within Iho Host country figures Arft expo said in dollars to tha British Pound other currencies to the Dollar following Are Interbank rates that fluctuate and should be regarded As the approximate value of the . Dollar to foreign currencies austrian Schilling .11.582 Bahrain Dinar. .0.37675 belgian franc. A British Pound .1.5122 Canadian Dollar .1.3827 danish Krone .6.463 dutch Guilder. 1.8458 French franc. 5.6295 German Mark. 1.6462 italian lira. 1,593.50 Kuwait Dinar. 0.2975 norwegian Krone. 7.139 portuguese escudo .170.88 saudi rial. 3.75 Spanish peseta. 135.75 Swiss franc .1.4022 turkish lira. 30,500.00 note figures Are of Prossos in dollars to the British Pound other currencies to the Dollar. Gold quote $387.25 Art ounce Silver quote $5.51 an ounce a a sources merchants National Bank amp Trust co., the associated press United press International r new York Exchange 1 a new York up the 15 most Active stocks in new York Stock Exchange composite trading tuesday Stock sales a Lii net chg. Blockbuster ent 3,174,000 2,920,700 28v4 up 1v Tel Lewonos do my 62 a upv4 off vex Philip Morris 2,844,900 a 49 Lehman holdings. 2,773,300 18 of v4 Wal Mart stores 2,481,600 23 w of a entry we credit a 2,319,300 17 up 1 Citicorp 2,293,300 39 a up 44 Merck amp co inc a 2,243,700 a 30v5 unch genl electric 2.012,400 49v up a Oft a Motorola inc a 1,866,500 46v general motors a t,761,700 53v off Vejr Nabisco hid1,761,200 5 a off a Pepsico inc 1,522,100 36. Ctr a ism corp a 1,504,100 63 off w Bombay co 1,459,800 1524 up 1�?T/ c american Exchange 3 new York up the 10 most Active stocks in american Slock Exchange composite trading tuesday Slock sole Utt net Chi. Expo rate co la. 2,000,200 144 a unch tale Magnet Gen 860,900 18v4. Off 5 Ert orgy service 440,000 a. 4 unch Cheyenne Sotter 262,000 20 up Weatheford inc 244,100 1014. Otow Royal Oak mines 234,500 4v t up 1-16 Echo Bay mines 209,100 1-1v5 up 44 Pegasus Gold 201,900 16 i off v4 Roa Mastor ind191,400 4 m6 up 3-16 sulcus computer. 187,500 s up >4 Dow Jones a new York up a Dow Jones closing Range of averages tuesday a a High Low clot change 30 industrials 3783,29 3725,4s 3758,37 up 1.23 20 transport. 1636.51 1613.79 1627.90 up s 07 is utilities 107,32 185.01 186,07. Of 0 65 65 stocks 1319,02 1209.95 1310.09 up 1.00 . Is unfair on Trade japanese report insists United Lufthansa to share service Berlin up a the German airline Lufthansa and United airlines Wilt begin joint service with flights from Frankfurt to Atlanta and Chicago under a cooperation Deal unveiled wednesday. The agreement was made possible by the .-German air treaty signed earlier this year. It will allow Lufthansa and United to offer 40 joint flights daily. The link Grants Lufthansa Access to 12 new destinations in the United Stales including Atlanta new Orleans and Orlando Fla. United receives direct Access to eight additional German cities. By David Holley los Angeles times Tokyo a Japan on tuesday released a report accusing the United states of unfair Trade practices yet another indication of its continued Tough attitude toward american Trade demands. This is the third year a hat Japan has produced this kind of report which serves As a counterattack against an annual . Report on foreign Trade barriers a the United states is without parallel in imposing measures that Force its trading partners to abide by unilateral judgments and shows no sign of abandoning this practice a said the 333-Page japanese report which also summarizes alleged unfair practices by nine other major trading partners of Japan. The report prepared by an advisory committee under the ministry of International Trade and Industry harshly criticizes president Clinton a re institution in phone collectors eying Chance for big Bucks with new . Fad by David Foster the associated press if you were among the thousands of Mcdonald a customers who bought extra value meals last summer you probably threw away the free at amp to phone card that came with your Burger and Fries. Big my stack. That card now Sells for $125, coveted by a Small but growing network of collectors who believe phone card mania is about to sweep the United states. According to the collectors phone cards soon will be the worlds hottest col inc titles bigger than coins Stamps or even baseball cards a a we re seeing our numbers increase daily a said Scott Dupont who runs three Small stores a two in the Orlando Fla area and one in Houston a that specialize in phone cards. A some Days we might sell .50 or 60 cards which is amazing considering that nobody knows what they  of so what Are they. Prepaid phone cards also called debit cards or Tel cards allow you to make Long distance Calls without coins or a credit card. You pay for the card up front in denominations of $2 to $100, then you Call a toll free number punch in the cards account number and place your Call. The account is drawn Down As you talk when the times up you can throw the card away. Then again you might want to hang on to it. A card that new York Telephone handed out at the 1992 democratic National convention was Worth $1 in phone time. Most people threw them away and now an unused card can fetch $1,700. Within a week after the Mcdonald s promotion ended the three minute cards were commanding $50. Collectors rummaged through trash bins and landfills in the East coast and Midwest cities where 300,000 cards were issued. A i know one collector who a crying now a Dupont said. A last summer he took his kids to Mcdonald a every Day he was tearing these cards in half and March of the a super 301�?� Trade Law. The measure allows . Retaliation against japanese imports if Japan fails to further open its Market to foreign goods. A when the same country serves As both prosecutor and judge one must assume that due process is lacking a the report said. A . Report released March 31 singled out Japan for the most severe Crit. Scism and could ultimately Lead to sanctions the japanese report in turn lists More categories of unfair practices by the United states than by any other country. Taken together the two reports show How officials of the two countries continue to largely talk past each other when discussing Trade. The underlying theme of the japanese report is that Trade issues should be settled according to International rules As embodied in the general agreement on tariffs and Trade or Gatt and its successor the world Trade organization. But . Complaints about Trade barriers in Japan primarily concern features of Japan a economic Structure that Are not covered by Gatt rules Tokyo and Washington agreed last week to resume Trade talks tha broke Dow i in february but Basic conceptual disputes Between the two sides remain unresolved from the . Perspective the purpose of the talks is to agree on ways to further open Japan a Market and to reduce Japan a $60 billion merchandise Trade surplus with the United states and its $131 billion global surplus in Trade of goods and services. The japanese report however dismissed Core . Arguments. In the Trade Quot framework talks now being resumed a key american focus is on specific sectors including automobiles and Auto parts insurance and government procurement of telecommunications and medical equipment. These sectoral talks were to resume wednesday with insurance negotiations in Tokyo while Auto talks reopen today in Washington. Mama emerging Scott Dull ont kit president of keep the change a phone card store in Winter Park near Orlando Fla., and John Bridges vice president display samples of their wares. Throwing them away. When he came to my shop last week and saw the at amp to card showcased he flipped  phone card collecting already is popular in Europe where prepaid phone cards have been used for years. The . Market is just getting started. Two years ago fewer than a dozen companies issued prepaid phone cards in 4he United states now there Are at least 130, said collector Gary Felton of Santa Monica Calif. A phone card subculture is emerging. About 3,000 people attended the first . Phone card convention held in March in san Francisco. Another is planned for this fall in new York. There seven a monthly phone card Magazine Premier Tel heard published in san Luis Obispo Calif 1 he variety of cards is limited Only by the Bounds of Good taste and sometimes not even by that. There Are cards featuring Elvis 1 Risley Marilyn Monroe Panda hams und sports heroes. One even shows eight swimsuit Clad playmates crammed into a phone Booth. Not All cards soar in value. Indeed the proliferation of cards May prove self defeating. Long distance deregulation and technological advances have enabled nearly anyone to buy blocks of phone time and sell prepaid cards. The Market is being flooded by flashy cards often issued in limited runs of 1,000 or 2,000. The future of collecting hangs largely on whether the cards catch on As usable items. So far the nation s three biggest Long distance carriers a at amp to sprint and Sci a have shown Only mild interest. Such Lack of enthusiasm does no to Sway Felton w to just finished writing a phone card collectors guide. He predicted that the number of . Collectors now estimated at up to 5,000, will grow to a million within two years. Felton Calls phone cards As a perfectly proportioned Art objects and finds deep meaning in the birth of a new Hobby. A everybody has a Chance to get in on this one and help shape it a he saw. A a that a a powerful thing for people. They can have the feeling of being part of 3 major world event. Many people today feel their voices Are not heard in society and Here a a w a for them to   
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